YUE DA INTL's subsidiary signs a factoring agreement with New Cooperation Grain
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YUE DA INTL announced that its wholly-owned subsidiary YUE DA Commercial Factoring has signed a factoring agreement with New Cooperative Grain. The agreement includes providing accounts receivable financing, management, and collection services, granting a revolving credit limit of RMB 50 million, with an annual interest rate and management fee of 8% to 9%. The agreement will take effect from September 8, 2025, and will expire on September 7, 2026
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